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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β20.61%
7d Period Avgβ11.02%
swingΒ±76.79%
LONG Gate.io Β· now
β49.09%
7d avg:β132.54%
SHORT Hotcoin Β· now
β69.70%
7d avg:β143.56%
Entry Spread Now
+0.238%
In your favorL 2.3913 Β· S 2.3970+$23.84 if it converges
24h range β1.36%β¦+1.01% Β· median β0.00%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$48.12
β0.48%
$Avg Daily PnL
β$3.02
β0.0302%
β
Best Day
+$11.74
Oct 7
βOpen Interest
β‘Funding APR
β11.01%
annualized Β· funding only
β Execution Cost
β$27.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading Cumulative PnLβ¦
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (β$27.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.